1. Home
  2. Investor Relations
  3. Financial Information
  4. Latest Business Results & Forecasts

Latest Business Results & Forecasts

Latest Business Results

Financial Results for FY2021 (FY ended March 31, 2022)

(Million Yen)

FY2020
FY2021
YoY
Net sales
950,722
1,060,893
11.6%
Operating profit
25,724
48,143
87.2%
Ordinary profit
28,453
49,484
73.9%
Profit attributable to owners of parent
15,341
31,523
105.5%

Although the business outlook remained uncertain in Japan due to the continuing spread of COVID-19, during this fiscal year, the ratio of job offers to job seekers (seasonally adjusted) in Japan was 1.22 in March 2022, showing that demand for human resources was recovering. At the Group, orders received in placement service, have already recovered to the pre-COVID-19 level. In the APAC region, economies were generally recovering although the impact of COVID-19 remains in some regions. In Australia, the Australian dollar strengthened against the Japanese yen.

In this business environment, business performance of Staffing SBU (Strategic Business Unit) remained strong, and that of Career SBU also recovered steadily. Sales in other SBUs also increased. As a result, consolidated net sales for this fiscal year ended March 31, 2022, were 1,060,893 million yen (increasing 11.6% year-on-year). Operating profit was 48,143 million yen (increasing 87.2% YoY) because of an increase in sales in the profitable BPO (Business Process Outsourcing) sector in Staffing SBU and a recovery of sales in other SBUs as a result of demand recovering from the effect of COVID-19, which contributed to an increase in profits or a reduction of losses in all SBUs. Ordinary profit was 49,484 million yen (increasing 73.9% YoY) and net profit attributable to owners of parent was 31,523 million yen (increasing 105.5% YoY).

FY2022 Forecast (announced on May 13, 2022)

(Million Yen)

FY 2021
Actual
FY2022
Forecasts
Net sales
1,060,893
1,165,000
Operating profit
48,143
52,000
Ordinary profit
49,484
51,700
Profit attributable to owners of parent
31,523
29,500

While it remains uncertain when COVID-19 will be put under control and the impact of overseas geopolitical risks on the economy has to be watched closely, the HR market conditions encompassing the business of the Group in the fiscal year ending March 31, 2023 are expected to remain above the pre-COVID-19 level. Given that sales for the fiscal year ending March 31, 2023 are expected to increase in all segments, net sales forecast is 1,165.0 billion yen and operating profit forecast is 52.0 billion yen.,
Staffing SBU, the core business, is expected to continue increasing the number of temporary active staff in the temporary staffing sector. In the BPO sector, however, orders for spot-contract public related projects are expected to decline.
In the placement business operated by Career SBU, significant increases of sales and profit are expected as the market is expected to expand due to high corporate demand for human resources and an increase of job seekers. This will be the growth driver of the Group.
In overseas business, efforts will be made to realize integrated management, which will produce synergy between PERSOLKELLY and Programmed, and to improve profitability.


The data used within this site is compiled from our earnings announcements.
We make every effort to ensure the accuracy of the data shared here. However, despite our best efforts, data inaccuracies may arise due to reasons beyond our control.